The Economic and Financial Crimes Commission (EFCC) has apprehended four individuals in Abuja for allegedly orchestrating a sophisticated hacking scheme targeting banks.
The suspects, identified as Chima Anthony Nwigwe, Mohammed Bello Mahmud, Effiong Victor Emmanuel, and Daminan Ali, who is the managing director of Downstone Ultimate Limited, were arrested during a meticulously planned sting operation.
According to Dele Oyewale, the spokesperson for the EFCC, "The suspects were nabbed for alleged conspiracy, unauthorized access to banks’ computer systems, and fraudulent withdrawal of depositors’ funds."
This operation was executed following actionable intelligence that pointed to their involvement in compromising the databases of commercial banks.
The hackers reportedly facilitated unauthorized transfers and withdrawals through various digital platforms, posing a significant threat to financial security.
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